Robert S. Thomas, Attorney at Law Blog

Robert S. Thomas,

6th April 2017

Do you owe the IRS more money than you can pay? Are you at risk of a tax lien? Would a fresh start sound nice? Well, the IRS literally offers a “Fresh Start program” to settle your IRS debt through a tax forgiveness program. If this sounds too good to be true, your instincts may … Read more

Robert S. Thomas,

15th November 2016

I have a credit card and I have negotiated with the credit card company to have the balance reduced. Are there any tax consequences? I am filing for bankruptcy and my debts will be discharged. Will there be tax consequences on the discharge of debt if ordered by the bankruptcy court? Yes, there may be … Read more